SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: Tom M who wrote (62529)1/6/2001 7:33:03 PM
From: Crimson Ghost  Respond to of 116759
 
Gold must now be viewed as an "all or nothing at all" investment. Those expecting a move to say $300 or $325 will be proven wrong. So huge is the derivative position and so intense the efforts to keep POG down that if POG should rally above $300 it will be headed much higher.

If the boys keep control I cannot see POG rising to even $290 no matter what else happens. But if they lose control $300 will be just the appetizer before a huge feast for gold longs.



To: Tom M who wrote (62529)1/7/2001 11:24:08 PM
From: long-gone  Respond to of 116759
 
<<ESF in the Clinton team hands. I think many know they're screwed if the Bush team tells the truth and just exposes the whole thing to some badly needed sunlight & place the blame where it belongs, pronto. BTW I think Greenspan got suckered into creating the bubble as a diversion, but then there's somehow been a gun to Greenspan's head Clinton's whole second term to not let any air back out>>

I've always wondered if AG has done anything in the manipulation, but I'm near sure there are those at the Fed involved. Can there be 2 factions inside the Federal Reserve?